Pinecone Systems Leases Office Space At 127 West 26th Street Chelsea Through LSL Advisors
LEASED
$52
+ 1
New York
See Similar DealsOffice10,000 SF
Leased 05/05/2025
LEASED
Pinecone Systems Leases Office Space At 127 West 26th Street Chelsea Through LSL Advisors
127 West 26th Street
See Similar DealsOffice10,000 SF
Leased 05/05/2025
+ 1
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$52
Total Square Footage:10,000 SF
Transaction Type:Lease
The property asset involved in this lease transaction is located at 127 West 26th Street in the Chelsea market of Manhattan. The asset is classified as office space with a total area of 10,000 square feet. The asking rent for this modified gross lease is set at $52 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $520,000
- Lease Type: Modified Gross Lease
- Landlord: Adam Justin - Justin Management
- Tenant: Pinecone Systems
- Landlord's Representative: Adam Justin
- Tenant's Representatives: Eric Siegel, Daniel Lolai, & Chery Anavian - LSL Advisors
This lease negotiation involved Adam Justin representing his interests as the landlord and the team of Eric Siegel, Daniel Lolai, and Chery Anavian representing Pinecone Systems as tenants. Their collaboration facilitated the closing of this lease agreement on May 5, 2025.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$596,121.72
Total Lease Value
$5,961,217.24
Net Landlord Cash Flow$596,121.72
Is there something missing? Send suggestions